Interra updates on acquisition negotiations

December 4, 2014

Interra Resources Ltd.

Referencing Interra Resources Ltd.’s proposed acquisition of equity interests in PT Benakat Oil, PT Indelberg Indonesia, PT Bintang Sukses Nasional, and PT Benakat Petroleum in Indonesia, the company’s board says that the sellers and the company have agreed to extend the longstop date to Dec. 10 to allow the parties more time to conclude negotiations that are currently ongoing.

The company will provide an update on the outcome of these negotiations.